Dependent on tax teturns
No. The money that the person gets back for the tax refund is kind of a repayment for things that they have already done to support the dependent. It isn't money that belongs to the dependent.
No not as a dependent. On the married filing joint income tax return the is an exemption on the 1040 tax form the same as the taxpayer.
A "dependent" who supports themselves isn't really your dependent, and therefore can't be claimed as one.
Yes
Dependent on tax teturns
No, you do not have to be claimed as a dependent to receive certain tax benefits.
No. The money that the person gets back for the tax refund is kind of a repayment for things that they have already done to support the dependent. It isn't money that belongs to the dependent.
Whether you count as a dependent for tax purposes depends on your age, relationship to the taxpayer, and financial support. If you meet the criteria set by the IRS, you may be considered a dependent on someone else's tax return.
Yes, a college student who is claimed as a dependent on their parents' tax return can still receive a refund if they have earned income and file their own tax return. If their income is below the taxable threshold or if they qualify for tax credits like the Earned Income Tax Credit, they may receive a refund even though they are a dependent. However, the dependent status affects their eligibility for certain tax credits.
No not as a dependent. On the married filing joint income tax return the is an exemption on the 1040 tax form the same as the taxpayer.
No, you cannot claim an exemption if you are a dependent on someone else's tax return.
No
Not as a dependent.
Not for a dependent on another taxpayers income tax return.
To determine if you are claimed as a dependent on someone else's tax return, check if they provide more than half of your financial support.
A "dependent" who supports themselves isn't really your dependent, and therefore can't be claimed as one.